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Thursday, November 30, 2023

BDO, Uría advise on acquisition by Royal A-ware from Danone

BDO Abogados has advised Royal A-ware on the acquisition of the dairy factory in Salas, Spain, from dairy producer Danone, which, according to the information was advised by Uría Menéndez

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Royal A-ware plans to invest in the factory to make it more sustainable and future-proof.

The Dutch family business Royal A-ware acquires the dairy factory in Salas, Spain, from dairy producer Danone. In the factory, Danone used to produce fresh cheese, desserts and cheese flan. Royal A-ware plans to invest in the factory to make it more sustainable and future-proof. In Salas, A-ware will start producing mozzarella from cow’s milk in 2024.

The milk that will be processed in Salas will come from local dairy farmers. Initial interviews with interested dairy farmers will start at a time to be determined. Royal A-ware will provide more information about this in due course.

Jan Anker, CEO of Royal A-ware: ‘This purchase is in line with Royal A-ware’s strategy to serve customers with the broadest possible product portfolio. We will produce mozzarella in Salas for customers in retail and food service worldwide. To best meet their needs, we are going to invest in this dairy factory. In doing so, we are providing long-term growth opportunities for dairy farmers in the region.’

BDO Abogados advised Royal A-ware: Álvaro Marco (Partner M&A), Ángel Vizcaíno (Head Real Estate), Alice Zuilani (Senior lawyer Real Estate), Fernando Muñoz (Partner Tax), Rafael Muñoz de la Espada (Counsel Labour).

According to the information, Uría Mendéndez has advised Danone.

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